Deadline Reports:
20th Century Fox has re-upped production president Emma Watts to a new multi-year deal that will keep her in the post through 2015. The new deal was made by Tom Rothman and Jim Gianopulos, co-chairmen and CEOs of Fox Filmed Entertainment. Since taking over as sole production president in 2009, Watts has made it a priority to populate the studio’s slates with elite filmmakers, and keep them coming back for more. The studio in past years had the reputation of being very hands-on. That kept budgets in check, but didn’t make Fox a haven for major directors.

That is changing, and the quality of the recent films released by the studio has improved. Fox has just closed a deal with Matthew Vaughn to come back and direct the sequel to X-Men: First Class, with Simon Kinberg writing the script and Bryan Singer back as producer. (20th Century Fox, Emma Watts, Industry)